Austria is a small open economy that in the last decades underwent two different waves of increasing trade integration: one with Eastern Europe and one with China. Drawing on trade theory, this paper studies the effects of increases in trade with China and Eastern Europe on labour market...

This note considers the future of aid from the perspective of the 2005-2030 time frame. It offers a possible scenario for the future, with booming private remittances and nongovernmental aid flows put to innovative uses, eclipsing a less agile, more politically driven official aid industry. A...

This note considers the future of aid from the perspective of the 2005-2030 time frame. It offers a possible scenario for the future, with responses of the aid industry to falling numbers of people in absolute poverty and to the growing ability of poor countries to borrow from the market. A...